This time of year, families join together for holiday fun, food, and sometimes even a little frolicking.
Be aware, however, that guests in your home may be injured and turn to you for help with medical payments, lost wages or even personal injury settlements of substantial amounts.
Don’t worry, though. Your homeowners insurance policy provides financial protection if a claim is made for monetary support. In many cases, a “friendly” claim is filed. This means you and the injured party agree that you were liable for harm. Your insurer will go through a verification process and see what expenses will be covered. If there is a dispute over who is at fault for the injury, you may find yourself in a lawsuit. In that case, your homeowners liability clause will step in with support for attorneys fees.
Whether it’s a friendly claim or a dispute, contact your agent about a personal injury claim as soon as you know it will be filed. You will get great advice on the next best steps.